Welcome to your dream residence at 20052 Drexel Ave in sunny Port Charlotte, Florida! This newly constructed home seamlessly blends modern design with laid-back Florida charm. Covering 1, 622 square feet, the home boasts sleek tile flooring throughout, providing both beauty and functionality. Featuring 3 bedrooms and 2 bathrooms, this single-story home is perfect for families or those who love to entertain. The open-concept living space serves as the heart of the home, designed for contemporary living. The chef's kitchen is a standout, with its chic island and top-of-the-line stainless steel appliances. The expansive living area is accentuated by a tray ceiling and ceiling fan, creating a welcoming and stylish environment. Large sliding glass doors lead to a covered lanai, allowing for effortless indoor-outdoor living, while flooding the space with natural light. The neutral tones and recessed lighting throughout provide a refined backdrop, ready for your personal touch. Located in the heart of Port Charlotte, this property offers a peaceful suburban vibe with the convenience of nearby shopping, dining, and just a short 15-minute drive to I-75. Don't miss your chance to experience Florida living at its finest. Schedule a tour today to see the beauty and comfort of this home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,920 | $295,920 | $295,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $36 | $36 | $36 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,019 | $1,967 | $2,496 |
Total Monthly Payment | $2,130 | $2,078 | $2,607 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.